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Theory of the Firm

This class was created by Brainscape user Sandie Huang. Visit their profile to learn more about the creator.

By: Sandie Huang
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Decks in this class (11)

Lecture 1
Following adam smith s pin factor...,
Following adam smith specializati...,
Following statement does not hold...
10  cards
Lecture 2
Which one of the following statem...,
Of the common biases which of the...,
Of the common biases which of the...
30  cards
Lecture 3
In theory players can make ____ s...,
There are two situations where th...,
Can firms reach the first best ou...
21  cards
Lecture 4 - Agency Theory 1
The principal agent relationship ...,
The average weight pulled per wor...,
Which of the following are ingred...
34  cards
Lecture 5 - Agency Theory 2 (Application)
Under the ua s new compensation p...,
Incentive management essentially ...,
There are several types of incent...
19  cards
Lecture 6 - Internal Organization 1
The allocation and definition of ...,
Optimum delegation refers to dele...,
With respect to downward delegati...
26  cards
Lecture 7 - Internal Organization 2
Hierarchy as an organizational st...,
Hierarchy as an organizational st...,
Hierarchy whilst allowing for low...
66  cards
Lecture 8 - Boundaries of the Firm 1
_____ ______ refers to how much o...,
What does horizontal boundaries o...,
Following are four cases where th...
52  cards
Lecture 9 - Internal Organization 2
Hybrid governance structures a ar...,
Which of the following are forms ...,
Toyota shares substantial informa...
30  cards
Lecture 10 - Boundaries of the Firm 3 (From an Ownership POV)
A governance structure is importa...,
A governance structure adds value...,
One of the two requirements for a...
45  cards
Lecture 11 - Self-Enforcing Contracts & Blockchain
There are three main mechanisms d...,
Contractual governance is one of ...,
Relational governance is one of t...
34  cards

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Theory of the Firm

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